As part of the transaction, IHCL has entered into a binding sale & purchase agreement to sell its entire 25.52% stake in Taj GVK to the GVK-Bhupal family, who will continue as promoters holding 74.99% post-completion. Shares of Indian Hotels Company Ltd ended at ₹730.60, up by ₹8.60, or 1.19%, on the BSE today, December 19.
